JAQIX vs. QQQ
Compare and contrast key facts about Janus Henderson Asia Equity Fund (JAQIX) and Invesco QQQ (QQQ).
JAQIX is managed by Janus Henderson. It was launched on Jul 28, 2011. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JAQIX or QQQ.
Key characteristics
| JAQIX | QQQ | |
|---|---|---|
| YTD Return | 5.58% | 7.60% |
| 1Y Return | 7.92% | 37.73% |
| 3Y Return (Ann) | -10.55% | 10.32% |
| 5Y Return (Ann) | 0.23% | 19.78% |
| 10Y Return (Ann) | 4.25% | 18.64% |
| Sharpe Ratio | 0.48 | 2.27 |
| Daily Std Dev | 14.33% | 16.26% |
| Max Drawdown | -48.61% | -82.98% |
| Current Drawdown | -34.17% | -1.42% |
Correlation
The correlation between JAQIX and QQQ is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
JAQIX vs. QQQ - Performance Comparison
In the year-to-date period, JAQIX achieves a 5.58% return, which is significantly lower than QQQ's 7.60% return. Over the past 10 years, JAQIX has underperformed QQQ with an annualized return of 4.25%, while QQQ has yielded a comparatively higher 18.64% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JAQIX vs. QQQ - Expense Ratio Comparison
JAQIX has a 1.05% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
JAQIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Asia Equity Fund (JAQIX) and Invesco QQQ (QQQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
JAQIX vs. QQQ - Dividend Comparison
JAQIX's dividend yield for the trailing twelve months is around 0.68%, more than QQQ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JAQIX Janus Henderson Asia Equity Fund | 0.68% | 0.72% | 0.00% | 2.41% | 0.12% | 0.83% | 9.16% | 2.84% | 6.37% | 4.78% | 5.93% | 5.35% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
JAQIX vs. QQQ - Drawdown Comparison
The maximum JAQIX drawdown since its inception was -48.61%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for JAQIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
JAQIX vs. QQQ - Volatility Comparison
The current volatility for Janus Henderson Asia Equity Fund (JAQIX) is 5.37%, while Invesco QQQ (QQQ) has a volatility of 5.78%. This indicates that JAQIX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.